Maharashtra Insectcides Limited - Company Profile

It is a agriculture private limited state government company based in Akola, Maharashtra, India, established in 1984.
1984 Akola, Maharashtra, India Active
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About Maharashtra Insectcides Limited

Maharashtra Insectcides Limited, a active private limited state government company, was established on 10 May 1984 in Akola, Maharashtra, India. Engaging in fertilizers & soil enhancers within the manufacturing sector, it holds CIN: U24210MH1984SGC032856. Registered under ROC Roc Nagpur. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Its leadership includes Mangesh Manohar Gondavale (Nominee Director), Sujit Shashikant Sonavane (Nominee Director), Vijay Ramchandra Patharkar (Nominee Director). Past directors included Dilip Maruti Zende, Ramchandra Uddhav Lokare, Rajendra Shivaji Baviskar. It holds no open charges and ₹9.30 Cr settled loans. Its latest AGM occurred on 13 February 2024, with the balance sheet filed on 31 March 2022. It is based at C-4 Midc Industrial Area, Opp. Airport Shivani,, Akola, Maharashtra, 444104.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24210MH1984SGC032856

  • Registration Number

    032856

  • Incorporation Date

    10 May 1984

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Nagpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 42 Year, 29 Days
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 9.30 Cr
  • Revenue Growth **** 48.35%
  • Profit Growth **** 93.38%
  • Ebitda **** 105.04%
  • Net Worth 18.24%
  • Total Assets **** 3.45%
Company report

Maharashtra Insectcides Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Insectcides Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maharashtra Insectcides Limited?
Current Directors
Name Designation Appointment Date Status
Mangesh Manohar Gondavale Nominee Director 31 Aug 2023 Current
Sujit Shashikant Sonavane Nominee Director 29 Jan 2020 Current
Vijay Ramchandra Patharkar Nominee Director 31 Jul 2019 Current
Pravin Digambarrao Deshmukh Nominee Director 06 Apr 2023 Current
Ganesh Baburao Patil Nominee Director 22 Feb 2019 Current
Devanand Sahadu Duthade Nominee Director 28 Feb 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 31 May 2016 Past
Pramod Abcsdd Director 31 May 2011 Past
Pramod Abcsdd Nominee Director 09 Jun 2016 Past
Pramod Abcsdd Nominee Director 13 Apr 2018 Past
Pramod Abcsdd Nominee Director 10 Feb 2012 Past
Pramod Abcsdd Nominee Director 31 Jul 2013 Past

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Financial Performance of Maharashtra Insectcides.

Maharashtra Insectcides Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 48.35% increase. The company also saw a substantial improvement in profitability, with a 93.38% increase in profit. The company's net worth Soared by an impressive increase of 18.24%.

Maharashtra Insectcides revenue growth over time
Maharashtra Insectcides profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 48.35%
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Revenue from Operations
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 49.67%
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Total Assets
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 3.45%
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*******
Profit or Loss
*******
 93.38%
*******
*******
*******
*******
Net Worth
*******
 18.24%
*******
*******
*******
*******
EBITDA
*******
 105.04%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Maharashtra Insectcides?

In 2022, Maharashtra Insectcides had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹93,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 4.80 Cr
  • Syndicate Bank : 4.50 Cr
Latest Charge Details
Date Lender Amount Status
18 May 1999 Syndicate Bank ₹4.50 Cr Satisfied
13 Dec 1989 State Bank Of India ₹4.80 Cr Satisfied

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How Many Employees Work at Maharashtra Insectcides?

Unlock and access historical data on people associated with Maharashtra Insectcides, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Insectcides, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maharashtra Insectcides's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maharashtra Insectcides
Recent Activity within the Organization
  • Director Appointment

    Progress on Devanand Sahadu Duthade was appointed as a Nominee Director was appointed as a Nominee Director on 28 Feb 2024 & has been associated with this company since 2 years 3 months . was documented.

  • Annual General Meeting

    The activity Maharashtra Insectcides Limited last Annual general meeting of members was held on 13 Feb 2024 as per latest MCA records. was completed.

  • Director Appointment

    Mangesh Manohar Gondavale was appointed as a Nominee Director was appointed as a Nominee Director on 31 Aug 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.

  • Director Appointment

    The activity Pravin Digambarrao Deshmukh was appointed as a Nominee Director was appointed as a Nominee Director on 06 Apr 2023 & has been associated with this company since 3 years 2 months . was completed.

  • Balance Sheet

    The activity Maharashtra Insectcides Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Nagpur. was completed.

  • Director Appointment

    Progress on Sujit Shashikant Sonavane was appointed as a Nominee Director was appointed as a Nominee Director on 29 Jan 2020 & has been associated with this company since 6 years 4 months . was documented.

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Frequently Asked Questions
What is the CIN of Maharashtra Insectcides Limited?

The CIN of Maharashtra Insectcides Limited is U24210MH1984SGC032856.

Where is Maharashtra Insectcides Limited headquartered?

Maharashtra Insectcides Limited is headquartered at C-4 Midc Industrial Area, Opp. Airport Shivani,, Akola, Maharashtra, 444104.

When was Maharashtra Insectcides Limited incorporated?

Maharashtra Insectcides Limited was incorporated on 10 May 1984.

Who are the current directors of Maharashtra Insectcides Limited?

The current directors of Maharashtra Insectcides Limited are

What is the primary industry of Maharashtra Insectcides Limited?

The primary industry of Maharashtra Insectcides Limited is Manufacturing.

Is Maharashtra Insectcides Limited a listed company?

Maharashtra Insectcides Limited is unlisted.

What is the capital structure of Maharashtra Insectcides Limited?

The authorized capital of Maharashtra Insectcides Limited is ₹2.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Maharashtra Insectcides Limited?

The compliance status of Maharashtra Insectcides Limited is Compliant.

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